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AB Foods: ‘The Primark Margin Recovery Story Has Played Out’

Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The

primark store
Sam Boughedda
Frasers Group Expands Global Reach with 14.65% Stake in Accent Group

London-listed retail firm Frasers Group (LON: FRAS) has solidified its presence in the Australian and New Zealand markets with a strategic investment in Accent Group Limited, the company announced Wednesday.

Frasers outlet
Sam Boughedda
UK Shop Prices Drop, Signaling Easing Inflation

In a surprising shift for the UK retail industry, shop prices have recorded a decline for the first time in nearly three years, a signal that the persistent inflation crisis may be receding. According to recent data, the firs

Asktraders News Team
Are IG Group Shares (LON: IGG) Threatening Break Out?

IG Group shares (LON: IGG) have drawn attention in recent months, as gains of 28.84% on a YTD basis significantly outperforms the FTSE 250 index's 9% gain over the sa

Asktraders News Team
Will Persimmon Benefit From Government Plans? PSN Shares A Big Gainer Over Last 12 Months

In the UK's construction sector, Persimmon, a notable FTSE 250 listed housebuilder, is navigating through challenging times accentuated by a significant drop in underlying operating profits of 65% in the first half of 2023 an

Persimmon Homes
Asktraders News Team
FTSE 100: Bunzl Shares Surge

The FTSE 100 and European equities have started Tuesday, August 27 2024, higher, with the London index gaining around 0.39%  shortly after the open, rising to 8,360.45, adding to the gains made on Friday. Bunzl is the biggest

Bank of England
Sam Boughedda
Unilever Stock Double-Upgraded By BofA: ‘More Growth Expected’

Unilever (LON: ULVR) shares gained more than 1% in Thursday's session after the stock was given a boost by analysts at Bank of America, who double-upgraded it to Buy from Underperform.

Unilever-office-sign
Asktraders News Team
Here’s Why B&M Shares Are Down 22% This Year

Retailer B&M European Value Retail (LON: BME) has seen its shares tumble by 22% this year, leaving investors questioning what happened to the stock that experienced a strong rise in 2023.

B&M European Value Retail store
Sam Boughedda
Is Aviva’s Share Price (LON:AV) Set To Break Out?

When looking for stocks in the FTSE 100 index, Aviva's share price is one that may be threatening to break out. The insurance giant Aviva (LON: AV) has drawn attentio

Aviva logo
Asktraders News Team
Diageo Shares (LON: DGE) Holding Steady. What Next?

Diageo shares (LON:DGE) have had a difficult 12 months, with losses of 23.5% leaving holders looking for signs of a sentiment shift. It would be well noted then that JPMorgan has reiterated a "neutral" rating on the spirits g

Diageo drinks
Asktraders News Team
FTSE 100 Rises on US Rate Cut Hopes

The UK's FTSE 100 index is showing some mild bullishness, adding 0.16% and trying to retake 8,300. This upward trend was primarily driven by the market's optimism sur

Asktraders News Team
Berenberg Bank Increases Derwent London Price Target

Derwent London shares (LON: DLN) have gained 2.15% today, changing hands at 2.376, as Berenberg come in with price target hike. The company boasting a market capitalisation of £2.67 billion, and over the past twelve months,

Derwent London Logo
Asktraders News Team
UK Supermarkets See Shifting Tide As Asda Falters – MKS Shares Lead TSCO, SBRY, OCDO Through 2024

Supermarkets in the UK experienced a wave of increased sales over the summer period, largely thanks to a spike in demand fuelled by warm weather and the summer holidays. Notably, sales surged by 5.5% between July and August,

teso shopping trolley in aisle
Asktraders News Team
Antofagasta Share Price Target Cut Twice in a Week by Scotiabank

Antofagasta plc (LON: ANTO), the Chilean copper mining company, has seen its share price target cut twice by Scotiabank this week. The investment bank has cited weaker glob

Antofagasta mining operations
Sam Boughedda
JD Sports Shares Jump as Quarterly Sales Boosted By International Expansion

Sportswear retailer JD Sports Fashion (LON: JD.) has seen its shares rally in early Thursday trading following a strong second-quarter trading update. [stock_market_widget typ

Sam Boughedda
FTSE 100 Edges Up As CMA Approval For Barratt/ Redrow Deal Nearing?

The FTSE 100 index has recorded marginal gains, adding 0.21%, propped up by an uptick in the mining sector due to a rebound in iron ore prices. The UK's public borrowing figures, however, have painted a less rosy picture, com

UK CMA
Asktraders News Team
Card Factory Shares: Up 18% This Year, Is It One to Watch?

Card Factory (LON: CARD) has seen an 18% rise in its share price this year. With ambitious plans to expand, should investors be keeping an eye on the stock? [stock_market_widg

Card Factory store
Sam Boughedda
Why Have Burberry Shares Plunged 51% This Year

The once-thriving luxury fashion retailer Burberry (LON: BRBY) has seen its shares plummet by over 50% year-to-date, raising serious concerns among investors and analysts.

Burberry store
Sam Boughedda
Anglo American Seeks First-Round Coal Mine Bids

Anglo American (LON: AAL) has set a deadline for initial bids for its Australian metallurgical coal mines by September 9, industry sources informed. This move is part of the company's broader strategy to exit from its coal bu

Anglo-American Platinum
Asktraders News Team
Whitbread Shares Pressured: Jefferies Cuts Price Target Amid Softer Q2 Data

Analysts at Jefferies cut their price target for Premier Inn owner Whitbread (LON: WTB) in a note to clients this week, citing softer second-quarter data. [stock_market_widget

Premier Inn Hotel Whitbread
Sam Boughedda
EasyJet Shares Down 14% YTD: Here’s Why the Stock is Struggling

EasyJet's (LON: EZJ) share price has taken a hit this year, falling by 14%. While the airline industry as a whole has faced challenges, several factors have specifically impacted EasyJet and low-cost airlines.

Sam Boughedda
Synthomer (LON: SYNT) Finds Some Support, But Longer Term Challenges Persist

Synthomer's share price (LON: SYNT) has made a strong shift through 2024, gaining 27.46% after a difficult few years on the financial markets. After declining more than 80% th

Asktraders News Team
Schroders Dividend (LON:SDR) Approaches – Shares Down In Lead Up To Ex-Div

Schroders' dividend (LON:SDR) of £0.065 per share, slated for distribution to shareholders on the 26th of September is for holders of record on the 21st August. That means the stock will be ex-dividend as of 22nd, and any new

Asktraders News Team
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